Key Considerations Before Implementing an Energy Management Software

Key Considerations Before Implementing an Energy Management Software

Energy management software or systems are a great way to improve the energy efficiency of your business, especially for manufacturing units. It can save them a lot of money, wasted energy, and improve their bottom line.
However, before you implement such a system, there are a few things you should consider.

 

Key Considerations Before Implementing an Energy Management Software

Here are some key considerations before you implement energy management software (EMS).

 

Why Do You Need It?

Of course, greater energy efficiency and reduced expenses are the main reason for anyone who needs energy management tools, but there is a lot more to this software.
They can:

  1. Reduce your business's carbon footprint.
  2. Increase your staff's productivity
  3. Reduce operational costs
  4. Analyze data for reporting
  5. Provide actionable insights
  6. Target efficiency problems
  7. Improve equipment maintenance
  8. Predict energy consumptions
  9. Compare benchmarks
  10. And much more

It is important to consider all the features of an energy management software before you decide to implement one. Think of all the things you need from your EMS and sort the ones that offer those features or offer comprehensive solutions altogether.

A smart EMS like MiDAS from Tantiv4 provides comprehensive solutions with all the mentioned features and many more.

 

How Usable Is it?

While most EMS can work for most businesses, it is important to opt for those specifically designed for your type of business. When we talk about usability, many other factors also come into play.

Things like easy equipment integration, real-time monitoring, natural language interface, user-friendly reporting, automation, notification alerts, remote access, control, and smart capabilities of the EMS, are all important usability factors to consider.

Tantiv4 offers all these for ease of use with their EMS MiDAS while focusing heavily on the manufacturing industry. However, its comprehensive solutions and high usability make it ideal for many other types of businesses.

 

How Accurate Is it?

Accuracy of measurements and analytics is crucial for energy management software to work efficiently and be productive for your business. If it isn't collecting or analyzing data accurately, it will not only be less efficient, but it might just become unproductive for your business.

An EMS like MiDAS uses high-accuracy calibrated sensors, IoT devices, harmonics techniques, and technologies like artificial intelligence (AI) and machine learning (ML) to always remain on point. This allows every measurement, data point, and analytics report to be as accurate as possible.

 

What Are the Costs and Your Budget?

Naturally, you wouldn't want to burden your business with additional expenses, even if they help cut costs in the long run. Often, energy management systems and software can cost a lot of money to implement.

Things like installation costs, hardware costs, maintenance costs, and other extra charges can easily pile up and go beyond your budget. Always understand the complete costs of implementing EMS and whether it fits into your budget or not.

Providers like Tantiv4 are aware of these concerns, so they offer MiDAS is a Software as a Service (SAAS) model. This means that you don't pay for hardware, installation, maintenance, or updates.

 

Conclusion

If you are looking for energy management software, you need to consider the mentioned things before implementing an EMS for your business. They will help you choose the right one for your business.

However, if you are looking for a comprehensive, smart, AI and ML-powered EMS for your business, we highly recommend MiDAS from Tantiv4. It offers feature-rich solutions, incredible usability, and immense accuracy in a cost-effective package.

If you want to learn more about key considerations before implementing an energy management software or about MiDAS from Tabtiv4, please visit our website today.

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